The hourly ES, 24 hour S&P futures is hanging on to the underside of the rising 50 hour average. It’s heading for a 5 day cycle projection of 6075. The market is trending as opposed to cycling on this very short term basis. If they manage to get o…
The hourly chart of the ES, 24 hour S&P futures shows the market crawling along the bottom of its short term uptrend channel this morning. It broke the line slightly in the overnight session. It has recovered to the line at 6050 approaching 8 AM ET…
The hourly ES, 24 hour S&P futures continue to trend relentlessly. They barely pull back as they trundle higher. A new uptrend channel has formed as the ES attacks Friday’s high of 6044. The lower line rises from 6027 in the 8 AM hour to 6047 at 4 …
The uptrend on the hourly chart of the ES, 24 hour S&P futures is h…
The uptrend in the ES, 24 hour S&P futures remains intact. Prices crawled along the lower trendline overnight. That trendline rises from 5980 at 7 AM ET to 5995 at the NY close. The trend will remain intact, and the rise could accelerate, if it rem…
The hourly ES, 24 hour S&P futures, is trending toward the latest 5 day cycle projection of 6020. 6020 is also a conventional measured move target of the base breakout. Market Cycle Outlook: December Predictions Levels and Timing
At 6 AM, the …
The ES 24 hour S&P futures are headed for the point of an enlarged triangle, which has formed since a smaller triangle breakout fizzled. That point is around 5925, give or take, next Tuesday. The triangle lines converge there, starting from where t…
There’s a triangle pattern breakout on the ES 24 hour S&P futures this morning. Triangle breakouts are usually explosive, but may or may not see follow through after the initial bang. One indication that suggests this one might is that this looks l…
Just posted: Ponzi Much? Understanding Treasury Debt and Market Fragility
Meanwhile, on the hourly chart of the ES, 24 hour S&P futures, we have a megaphone. It’s shouting loud but not clear. The hourly cycle indicators are edging to the sell…
First, we have new chart picks. And they swing both ways. No matter your preference, you too can be a wiener. So go ahead and hot dog it!
Swing Trade Screen Picks – More Buys and a Few Shorts- Link Corrected
On this morning’s chart of the…
